Wednesday, 30 November 2011

ISRO jobs, 550 Assistants & Jr personal Assistants

ISRO (Indian Space Research Organisation) advertised 550 Vacancies of Administrative support staff in the post of Assistant & Junior Personal Assistant in the pay scale 5200 – 20200 with Grade pay of Rs. 2400 all over India. 

No. of Vacancies (Category vice): There are 324 vacancies for Assistants and 226 vacancies for Junior Personal Assistants. 

Maximum Age: The should not be more than 26 years of age as on 14th December, 2011 (31 years for SC/ST & 29 years for OBC candidates) 

How to apply: The candidates should apply online and after registering your application online and download filled challan form in triplicate copy from the website and deposit the application fee or Rs. 100 in the nearest S.B.I bank branch in the account number No.32034064593 between 22-11-2011 and 14-12-2011. One part of the remitted challan (ISRO Copy) should sent to  Sr. Administrative Officer (ICRB), ISRO Headquarters, Antariksh Bhavan, New BEL Road, Bangalore -560 231 by post superscribing on the envelope "ICRB - RECRUITMENT OF ASSISTANT AND JUNIOR PERSONAL ASSISTANT" within 7 days of filing of application and in any case not later than 21.12.2011.

There is no application fee for Women, Scheduled Castes (SC), Scheduled Tribes (ST), Ex-servicemen, and Persons with Disabilities (PWD) candidates. But after register your application online download personalized registration confirmation form, in two parts and sends one part to the above mentioned address.

Please read the job advertisement before registering application online.

ISRO - 550 jobs of Assistants, Jr personal Assistants

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Tuesday, 29 November 2011

Government Jobs in Employment News 26 November 2011

Government jobs advertised in Employment News (26 November 2011 – 02 December 2011). For the convenience of our readers, we publish here the government job highlights advertised in employment news 26th November, 2011 – 02nd December, 2011. Those who are looking for a good government job, employment news is good publication for them. It is easy to find a job from employment news. If you wish to apply any of these jobs read the employment news for more details.

Union Public Service Commission invites applications for various posts.

Staff Selection Commission (Eastern Region) requires Sepoy and Draftsman.

Staff Selection Commission (NWR) requires Sepoy and Draftsman.

Mahanagar Telephone Nigam Limited, New Delhi invites applications for recruitment of Senior Management Trainees.

CSIR-Indian Institute of Petroleum, Dehradun invites applications for various posts.

The Indian Army invites applications from male candidates for recruitment to the Post of Surveyor Automated Cartographers as Havildar.

Indian Navy invites applications from unmarried male candidates from enrolment as Sailors for Senior Secondary Recruits (SSR)-02/2012 Batch.

Small Industries Development Bank of India requires Professionals.

South Eastern Coalfields Limited requires Staff Nurses, Pharmacists (Trainee), X-Ray Technician (Trainee) and Jr. ECG Technicians (Trainee).

Steel Authority of India Limited, Burnpur requires Operator-cum-Technicians and Attendant-cum Technicians.

Air India Air Transport Services Limited requires Customer Agents, Ramp Service Agents, Utility Agent-cum-Ramp Drivers and Handyman-II.

MOIL Limited Nagapur requires Sr. Managers, Managers, Asstt. Managers, Graduate Trainee (Civil).

Mineral Exploration Corporation Limited, Nagpur invites applications for various posts.

Jawaharlal Nehru University, New Delhi requires Assistant Professors.

The abovementioned jobs are the government job highlights of employment news (26 November 2011 – 02 December 2011). We strongly recommend reading the employment news for more details about the job. 

Government Jobs in Employment News 26 November 2011

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Monday, 28 November 2011

Factors decide the cost of your life insurance policy

Cost of life insurance policy is the premium payable for a life insurance policy. The person who joins a life insurance policy should pay premium only. No any other amount you should pay for keeping the police alive, if you pay premium in time.There are a lot of things which decide the premium of a life insurance policy.

Age or the insured: If you are in young age when you join the life insurance policy, you should pay only lower premium than elders. The idea is that when you growing up you are more near to old age and death.

Health of the insured: The insurance company asks you about your health condition. It is not just a friendly conversation. They want to know do you have any illness which may cut your life span. If so the chances of paying claim is more than a healthy person. If you are suffering from any such illness they held a medical checkup with their panel doctors and allow you to join as their recommendations. Sometimes they allow you to join with a high premium with your health condition which increase your cost of insurance.

Occupation and hobbies of the insured: If the occupation or hobby of a person who wish to join a life insurance policy is risky the person should pay a high premium.

Type of the policy: The premium of a life insurance policy differs according to the type of policy you take. If you go for a money back policy you should pay high premium. For endowment policy you should pay fewer premiums than money back policy. For pure term life insurance policy the premium is very low than other policies.

Amount of sum assured: The premium of life insurance policy depends on the amount of sum assured also. If you want high sum assured for any type of life insurance policy you have to pay high premium than lower sum assured of the same type of life insurance policy.

Number years you seek the insurance cover: Premium of the life insurance policy depends upon the term (Number years) of the life insurance. If you want life insurance protection for a long period, you need to pay premium for a long time. Then the total cost of your life insurance will be more than short-term life insurance policies.

Number of premium paying years: Some life insurance policies allow you to pay premium for a fixed several years and the life cover will continue for few more years. In such types of policies, the premium paying term also affect the total amount or premium and the cost of life insurance policy.

Premium paying mode: Life insurance policies normally allow to opting the premium paying mode as monthly, quarterly, half-yearly and yearly. When the frequency of premium increases in a year, the cost of insurance also increases. Monthly option requires more total amount of premium in a year than quarterly premium option and so on.

Riders of life insurance policy: Life insurance policies are available with a lot of riders such as death of parent or guardian, medical treatment etc., and each riders increase the amount of premium and the cost of life insurance.

All the above mentioned factors will affect the premium and cost of life insurance. When you join a life insurance policy, check all aspects and avoid unnecessary aspects which increase the cost of your life insurance.

Factors decide the cost of your life insurance policy

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Sunday, 27 November 2011

Templeton India Corporate Bond Opportunities Fund

Franklin Templeton Mutual Fund launched Templeton India Corporate Bond Opportunities Fund on 15th November, 2011. This is an open-ended income fund and the New Fund Offer (NFO) period closes on 29th November, 2011. The goal of the fund is to give regular income and capital appreciation to investors through investing in corporate bonds.

Investors: Those who wish to invest with moderate risk investments can invest in this new fund offer in this Templeton India Corporate Bond Opportunities Fund.

Face value of the fund: Face value of one single unit of Templeton India Corporate Bond Opportunities Fund is Rs. 10 at the NFO period and after the NFO period the fund can buy in Net Asset Value.

Minimum investment: The minimum required investment is Rs. 5000 and the multiples of Rs. 1000 thereafter in theNFO period. Tthe additional purchase in the post NFO period is  the multiples of Re. 1. The Fund plans to collect Rs. 1 crore in the NFO period and if the fund fails to collect the desired amount, they refund the amount within 5 business days after closing the NFO period.

Entry load & exit load: There is no entry load for Templeton India Corporate Bond Opportunities Fund. But there is 3% exit load if redeemed within one year of allotment of the fund and the exit load is 2% for a redemption in the second year and 1% exit load if the redemption occurred between 2 years and 2.5 years and afterwards there is no exit load.

Growth plan & Dividend Plan: The Templeton India Corporate Bond Opportunities Fund is in both growth plan and dividend plan and the dividend plan is further classified into dividend payout option and dividend reinvestment option. But if the dividend is Rs. 20 or less, it will reinvested compulsorily.

 Templeton India Corporate Bond Opportunities Fund

is suitable for moderate risk investors those who wish to invest in corporate bonds which gives a steady income and growth of their investments.

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Saturday, 26 November 2011

Retirement, save regularly for your retirement life

Retirement and retirement life is not a dream, it is a reality. Do you ever think about your retirement life? Thinking about retirement life may not a pleasant thing for many.  Retirement plan should start very much early before retirement age. When you start earning you must start regular saving for retirement living. But how should you save for retirement life or how much you should save for retirement? Some websites provide retirement calculator which may help you to determine your required retirement amount. Prudential retirement, Ing retirement, Nys retirement and so many other retirement plans are there by various insurance companies. Whatever is the plan you must save regularly for your retirement life.

You must set apart a certain percentage of your income every month for your retirement life and invest this money in any good investment scheme regularly. This accumulated money can use for your retirement. But how can you know how much money you need for your retirement life. Most of your financial responsibilities such as education and marriage of your children, buying a residential house etc are almost over when you retire. Then you must meet regular expenses and medical cost in your retirement life.

If you are an employee your employer deduct a certain sum of money from your salary and invests in any recognized saving scheme which helps you to meet your retirement expenses up to a certain extent.  It is  Provident fund, 401K etc as per the country you are working. The employer also deposit almost same amount in the scheme in your account and the interest on provident fund is not taxable as per the current income tax rules. When you retire you can withdraw the accumulated money with interest and can use for your retirement need.

The provident fund amount itself may not enough to satisfy your retirement needs. And those who are not working as an employee they won’t have such provident fund or 401K. In such a condition you must save a certain percentage of your income, say 10% or 20% for your retirement planning. You can invest it in any good investment scheme and can use the accumulated money for your retirement life. If you start earning at the age of 25 years with a monthly income of 20000 bucks and you invest 10% of your earnings every month in any good investment scheme which gives you an average interest rate of 8% and your earnings increase by 10% every year, your accumulated saving will be 1, 72,59,146 which may enough to meet your retirement expenses.

For this you should vigilant to invest 10% (the percentage may vary as per your requirements) of your earnings every month and when your income increases the amount also increase. You may keep the 10% every time and should invest in a single or a few good investment plans. You can invest in Systematic investment plan in mutual funds or public provident fund or any good investment scheme or pension plan. But be strict in this regular saving and do not touch this money for any other financial needs. This keep strictly for retirement life and you can lead an independent retirement life. At the time of retirement you may invest this money in any monthly income scheme or annuities to earn a good regular income.

retirement life & retirement planning 

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Friday, 25 November 2011

More benefits in NSC, PPF, small saving investments

There are certain changes in the interest rate, time limit and deposit limit in PPF, NSC and other small saving investments, which is beneficial to investors. These changes are as per the recommendations of the Committee for Comprehensive Review of National Small Savings Fund (NSSF). The major changes are in NSC, PPF and other post office small savings investment schemes. Those changes are follows.

Monthly Income Scheme (MIS)

The maturity period of Monthly income scheme reduced from 6 years to 5 years. The interest rate of the MIS (MIS interest rate) increased from 8% to 8.2%. The maturity bonus of MIS is withdrawn. The existing maturity bonus is 5% of the principal amount. There no such maturity bonus is there afterwards.

National Saving Certificate

The time limit of NSC also reduced from 6 years to 5 years. The interest rate of NSC (NSC interest rate) increased from 8% to 8.4%.

New 10 years NSC

New NSC with a maturity of 10 years and interest rate of 8.7% introduced.

Kissan Vikas Patra

Kisan Vikas Patra (KVP) discontinued. No fresh issue of Kisan Vikas patra will be there.

Public Provident Fund (PPF)

Annual investment limit of PPF increased from Rs. 70000 to Rs. 100000. Interest rate on PPF (PPF interest rate) also has increased from 8% to 8.6%. (8.6% tax free interest as per the present income tax rule) Interest on loan from PPFalso increased from 1% to 2% per annum)

Post office time deposit (POTD)

Premature withdrawal with 1% less interest allowed in Post office Time Deposit. The withdrawal within 12 months will get only the interest rate of Post office Savings Account. Now the interest rate of post office savings account is 4% increased from 3.5%. The existing and new interest rate of POTD for various years is as follows:

Years                existing rate             new rate

1 year                    6.25%                    7.70%

2 years                 6.50%                     7.80%

3 years                 7.25%                     8.00%

5 years                 7.50%                     8.30%

Post office savings account

The interest rate of post office savings account increased from 3.4% to 4%.

Post office recurring deposit

The interest rate of post office recurring deposit increased from 7.5% to 8%.

nsc interest rate, ppf interest rate

post office interest, post office accounts

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Thursday, 24 November 2011

Hostgator Black Friday Coupon 50% Off

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Monday, 21 November 2011

Find a job from Employment News 19 Nov 2011

Government job vacancies listed in Employment News (19 November 2011 – 25 November 2011). Those job listings published in this article. It is easy to find a job through employment news. Read the employment news weekly to find a suitable job vacancy. There are preliminary test; interview etc. and the advertiser will appoint the selected candidate as per the terms and conditions of the employment. The Job highlights of Employment News (19 November 2011 – 25 November 2011) listed below for our readers those who are looking for a government job. If you wish to apply any of the job vacancies from the job listing, please read the employment news for more details.

Staff Selection Commission (Western Region) invited application for various job vacancies.

Rajasthan Gramin Bank, Alwar requires Officers Middle Management (Scale-II), Officer Junior Management (Scale-I) and Office Assistants.

Rewa Sidhi Gramin Bank invites applications for appointment as Officer MMG Scale-III, Officer MMG Scale-II, Officer JMGScale-I and Office Assistants.

Parliament of India invites applications for various posts.

CSIR-Central Mechanical Engineering Research Institute, Durgapur requires Scientists and Senior Scientist.

Bharat Heavy Electricals Limited, Jagdishpur requires Junior Workers in Ceramic Trade.

Employees’ State Insurance Corporation, New Delhi requires Professors and Associate Professors.

Employees’ State Insurance Corporation PGIMSR and Model Hospital, Bangalore requires Para-Medical Staff.

East Coast Railway invites applications for recruitment against Sports Quota.

Central University of Bihar invites applications for appointment on non-teaching posts-Group ’A’.

The abovementioned job vacancies are the highlights of employment news (19 November 2011 – 25 November 2011. If you wish to apply any of these government job vacancies, we strongly recommend you to refer the current issue of employment news for more details such as salary scale, educational qualification, mode of application, experience etc.

Find a job from Employment News (19 November 2011 – 25 November 2011)

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Sunday, 20 November 2011

Share market or stock market, general ideas for beginners

Like all other markets share markets (stock markets) are for buying and selling of stocks and shares. Stock markets are also known as stock exchanges. There are two types of share transactions. The first one is direct issue of new shares by the company and it is known as Initial Public Offering (IPO) and the second one is stock exchanges where the issued shares are trading (buying and selling) with profit or loss.

Stock broking firms: When we transact with shares, chances are there to get a good profit or big loss. So we have to learn about the stock we are going to trade with. We should know the trend of the stock, reliability of the shares we wish to trade and so many other factors which may affect the value of shares. A well-developed stock broking firm can do a lot for this. A good stock broking firm provides reliable share trading tips and other share market information. So we should attach with a good stock broking firm to get a good profit from stock trading.

Effective Communication Medias: Internet and other mass communication Medias can do a lot for giving information and stock market tends of stock and related matters. This information is valuable for taking a right decision at the right time.

Listing of stock in stock market: Companies usually list their shares (stocks) in stock exchanges and the public can deal with the shares from the listed stock exchanges. The listing is just like a merchant or a manufacturer displays their products in the market. Stock exchanges get revenue from this stock trade and stock listing. So they try to get most listing of good stocks of strong companies.

Trading symbol of stocks: Each stock exchange assign a trading symbol (Ticker) for a particular stock with a few letters to name each stocks and this symbol is helpful to know the particular stock.

Stock Exchanges : Stock Exchanges give good information about each stock they trade with. There are stock exchanges all over the world and main cities just like New York stock exchange, London Stock Exchange, Bombay stock exchange etc. Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are two leading stock exchanges in India.

Regulatory Agencies : Each country has their own regulatory agencies to control over stock exchanges and its activities and to protect traders and investors. In India SEBI (Securities and Exchange Board of India) is regulating the stocks and other securities. In U.S.A it is U.S. Securities and Exchange Commission to look after and regulate securities trading.

A stock trader must have a foresight and a strong decision-making power. He has to collect all reliable information and update these information time to time and remember that you are playing with your hard-earned money. At the beginning he should find a good financial consultant or a reliable stock broker before starting stock trading.

Share market or stock market

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Saturday, 19 November 2011

Why Term life Insurance policy is not attractive

The aim of any insurance plan is to protect the financial loss or expenditure due to any unfavorable circumstances. In case of life insurance policy also protect the financial loss due to the death or disability of the insured.   A life insurance policy gives a specified amount (sum assured) to the insured in case disability and to the nominee in case of death of the insured. Most of the life insurance plans gives a specified amount (maturity value) at the end of the insurance period. But term insurance policies do not give any amount to the insured, if he or she is alive at the end of the specified term or maturity. So the insurance premium for term life insurance is comparatively very low than other life insurance policies.

The following table shows you the difference of a term life insurance policy and an endowment (a traditional type of life insurance) life insurance policy. Only Approximate figures for explain the difference.

Type of policy                       Term life policy       Endowment

Age (Joining)                                       30 yrs                  30 yrs

Annual Premium(Approx.)              10000                   10000

Insurance Period                               35 yrs                    35yrs

Sum Assured                                 30,00,000              3,00,000

Maturity Value                                    Nil                      3,00,000 +

As pet the above table, in term life insurance, if the death of the insured happened any time before the maturity period (35 years) the nominee will get Rs. 30 Lakh. But in endowment life insurance the nominee will get only Rs. 3 Lakh. But if the insured is alive till maturity the term life insurance gives nothing, but the endowment policy gives Rs. 3Lakh plus bonus or loyalty addition as per the policy terms & conditions.

No maturity Value. The main disadvantage of the term life insurance policy is that it has no any maturity value. But when compare with the sum assured, we can see that the criticism has no value. To protect your family from insecurity you are paying this premium and can consider it as an expense for the financial stability of your family.

People wish to get back the money they are paying as premium. They do not think about the security which the term insurance policy provides. They value money more than security.

Normally nobody likes to die or even think about their death. Everybody think that they will live long. So they are not ready to spend this unnecessary expense.

But if you go for life insurance you must know the value of financial security, a life insurance policy assured than the money it gives back to the insured after few years. Any good saving scheme is suitable for this purpose and most of the time you can get back more from such saving schemes than life insurance policies.

If you want a sum assured of Rs. 3Lakh only, take a term life insurance for Rs. 3 Lakh sum assured and pay an annual premium around Rs. 1000 and invest the remaining Rs. 9000 in any investment scheme or even bank deposit, you will get back more than an endowment policy assured.

All figures in this articles are not actual, only approximate figures near about actual amount.

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Friday, 18 November 2011

Hard Area Allowance to Central Government Employees

The Government of India decided to grant hard area allowance to all Central Government Employees posted in the islands of Union Territory of Lakshadweep other than Kavarathi and Agati.

This hard area allowance has already been granted to Central Government Employees posted in Nicobar Islands with effect from 01st April, 2004.

The Government of India also decided to extent this hard area allowance to all Central Government Employees posted in Minicoy in Lakshadweep. This allowance was 25% of the pay (basic pay + NPA, if applicable) with effect from 01st September, 2008.

Now Government of India granted hard area allowance to all Central Government Employees posted in Kiltan, Andrott, Kalpeni, Chetlat, Kadmat, Amini and Bithra Islands of Lakshadweep @ 15% of pay (basic pay + NPA, if applicable).

This declaration is as per the recommendations of the 6th Central Pay Commission. No doubt this is a monitory relief for the employees those who are posted in the abovementioned areas.

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Thursday, 17 November 2011

New IDFC Infrastructure Bond with 9% interest

IDFC issues new Infrastructure bond suitable for Income Tax Exemption under section 80CCF with 9% annual interest and 10 years maturity period.  The issue of New IDFC (Infrastructure Development finance Company Ltd) infrastructure bond opens in the market on 21st November, 2011 and will be closed on 16th December, 2011. Face value of one unit of the infrastructure bond is Rs. 5000.

Maturity Period and Rate of Interest: There is only one maturity period of ten years for the bond with a buy back option after 5 years of the allotment of IDFC infrastructure bond. The lock in period of the bond is 5 years and after 5 years the investor can redeem the bond by using buy back option. But the bond guarantees 9% interest.

Minimum Investment : Minimum required investment is 2 bonds of Rs. 5000 each.

Investment Option: The IDFC infrastructure bond is available in annual interest payment option and cumulative interest payment option and both the options are available in buy back option after 5 years, even though the maturity period is ten years for both the interest payment options.

How to Invest: You can buy IDFC infrastructure bond online or offline by submitting downloaded application forms in collection centers. The completed application form should include Self attested copy of pan card,  address proof and a cancelled cheque in addition to the payment cheque for non demat holders those who need bonds in physical form. For Demat account holders should provide Depository participant name and Demat account number. Please write Name, Application No & mobile number on the back side of the payment cheque.

Maturity Value: The maturity value of the single unit of IDFC infrastructure bond is Rs. 11840 for cumulative interest option and Rs. 5000 is for annual interest payment option. But the buyback amount of annual interest payment option is Rs. 5000 and cumulative interest option is Rs. 7695 after 5 years of allotment of the bond.

Listing of IDFC infra bond: The IDFC infrastructure bond will be listed in NSE & BSE after 5 years lock in period

Tax Benefit & Tax Liability: The investment up to Rs. 20000 in IDFC infrastructure bond is exempted from Income tax under section 80CCF over Rs. 100000 under section 80C. The interest earned from Infrastructure bond is taxable. In annual interest option the interest will be taxable every year and in compound interest option the margin is taxable under capital gain tax.

Ratings: The ICRA & Fitch rating of the IDFC infrastructure bond is AAA.

The new issue of IDFC infrastructure bond is convenient to invest in and it is more beneficial than other issues of infrastructure bond by providing a slight difference in interest rate of 9%. But now the interest rate of bank deposits also higher than earlier. So the response of investors is not sure right now and can confirm only after closing the issue on 16th December, 2011.

IDFC Infrastructure Bond

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Wednesday, 16 November 2011

LIC Bima Bachat, a single premium money back policy

LIC’s Bima Bachat is a single premium money back policy which offers life insurance till the maturity of the policy and also offers 15% of sum assured as money back at the end of every third year as per the term of the policy.

LIC Bima Bachat Policy terms

Policy term or duration of the LIC Bima Bachat Policy is 9 years 12 years and 15 years.

In 9 years policy 15% of sum assured as money back at the end of 3 rd year and 6th year of the policy.

In 12 years policy the policy holder can receive 15% of the sum assured at the end of 3rd year, 6th year and 9th year of the policy.

In 15 years policy the money back will be 15% of sum assured at the end of 3 rd year, 6th year, 9th year and 12th year of the policy.

Additional benefit of the policy

If the insured person is alive till the maturity of the policy holder will get loyalty additions in addition to the balance amount of sum assured, as per the rules of the policy which may equal to 90% (may vary as per the experience of the LIC. 90% means 6% per year for 15 years) of the single premium paid.

Minimum and maximum age

The minimum age of joining LIC Bima Bachat policy is 15 years and the maximum age is 66 years. But the maximum maturity age is 75 years. I f a person join the policy at the age of 66 years he can take 6 years or 9 years policy. Other policies will overcome the maximum maturity age of 75 years.

 Loan availability

LIC Bima Bachat Policy is the only money back policy which can avail loan against the policy from Life Insurance Corporation of India and the interest of loan is as per the rates available with LIC.

Minimum and maximum sum assured

The minimum sum assured for LIC Bima Bachat Policy is Rs. 20000 and multiples of Rs. 5000 thereafter. There is no maximum limit for sum assured for this single premium money back policy.

LIC Bima Bachat Premium Cacuator

The sample premium table is shown below for a sum assured of Rs. 100000 for different age of insured for 9 years, 12 years & 15 years policy. You can calculate the premium of any sum assured by taking the proportionate amount. But there is a 5% rebate for sum assured between Rs. 50000 to Rs. 100000, 7% rebate for the sum assured between Rs. 100000 to Rs. 200000 and 8% Rebate for the sum assured above Rs. 200000. You can reduce the rebate amount from the figure shown in the table below. The premium amount may vary as per the insured. This table is for standard nonsmoker with good heath condition.


Single Premium for Rs. 100000 Sum Assured 

Policy terms
















































If the insured died before the maturity the nominee will get the sum assured. If he or she survives till the maturity he or she bill get the actual premium paid and a certain percentage as loyalty addition. If you are interested to join the LIC's Bima Bachat insurance policy we strongly recommend to read the details in LIC's website by clicking the link below

LIC Bima Bachat Policy

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Tuesday, 15 November 2011

How to Download PF Forms from EPFO for EPF Benefits

Employees Provident Fund Organization, India allows you to download all PF forms from its website. Earlier it was not much easy to get a provident fund form for availing various provident fund benefits. Now it is easy to get all PF forms from the website. The following information makes you aware about various Provident Fund forms and the purpose of using each EPF forms. This is useful to download the correct format for your desired Provident Fund matters. The link at the end of the post will bring you to the download page of PF forms.

PF Forms for Claiming benefit of Provident Fund.

PF Form No. 13 (Revised) for Transfer Employees Provident Fund Account of an employee from one establishment to other establishment which follows EPF Scheme.

EPF Form No. 14. To finance your Life Insurance Policy from you EPF account

EPF Form No. 19 to Withdraw PF balance when the member is leaving service, retirement or termination.

EPF Form No. 20 to claim the Provident Fund amount by the nominee or a family member of the employee at the time of the death of an employee.

EPF Form No. 31 for advance or withdrawals of the fund by the member employee.

PF Forms for claiming benefit of Employees Pension Scheme 1995 

EPF Form No. 10 C can be used for

(1) Refund of employers share from Employees’ Pension Scheme 1995,

(2) To withdraw the pension scheme amount and

(3) To get the Scheme certificate for the retention of membership.

EPF Form 10 D can be used for

To be submitted by the first claimant may be (1) a member or (2) widow/widower or (3) orphan or (4) nominee as per the case.

PF Forms for Claiming benefit of Employees Death Linked Insurance (EDLI) Scheme 1976

EPF Form No. 5 (I.F) for getting benefit of EDLI Scheme of the deceased employee by nominee or dependent relative.

PF Forms for General Purpose

Statement IW – 1 for Statement of Employees qualifying for membership as International Workers

Kindly go through the link below to download all the above mentioned PF forms.

Download PF Forms 

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Monday, 14 November 2011

Government Jobs in Employment News 12 Nov 2011

Government Job highlights of Employment News (12th November, 2011 to 18th November, 2011) listed below for the convenience of our readers those who are looking for a good government job. Employment News is a weekly which published a lot of government job vacancies every week. If you are interested to apply any of the job listed here should read the weekly for more details.

Union Public Service Commission invites applications for various government jobs.

Bharat Heavy Electricals Limited Tiruchirapalli requires Security Personnel (Males)

Bharat Heavy Electricals Limited, Ranipur Haridwar requires Medical Professors.

Indian Oil requires Junior Operator Grade-I/Junior Operator (Driving) Grade-I/Junior Chargeman Grade-III/ Boiler Operator Grade-III at its various locations.

Central Agricultural University, Imphal invites applications for various posts.

Central University of Gujarat requires Professors, Associate Professors and Assistant Professors.

Central University of Gujarat invites applications for non-teaching posts.

National Institute of Public Cooperation and Child Development, New Delhi requires Joint Director Deputy Director, Assistant Director, Research Assistant, LDC/Typist etc.

Power Finance Corporation Limited, New Delhi invites applications for various posts.

Dental Council of India requires Computer Operators, LD Clerk and Peon.

Institute of Microbial Technology, Chandigarh requires Scientists.

Opto Electronics Factory, Raipur Dehradun requires Electricians, Examiner (E), Machinists, Millwright and Turner.

Rifles Factory, Ishapore invites applications for Group ‘C’ posts.

IIT Bhubaneshwar invites applications for non-teaching posts.

The abovementioned Government Job highlights are the highlights of Employment News (12th November, 2011 to 18th November, 2011). If you are interested to apply any of the abovementioned job vacancy, we strongly recommend to read the current issue of the Employment News for more details including salary, educational qualifications, application procedure, experience etc.

Job Highlights of Employment News (12 NOVEMBER 2011 -18 NOVEMBER 2011)

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Saturday, 12 November 2011

PPF investment limit hike & interest hike accepted

The recommendations of increasing annual investment limit of PPF (Public Provident Fund) and interest hike of PPF and other small saving schemes accepted the Government of India. The government has accepted the recommendations of the panel which is helpful to get more return from small saving schemes such as PPF, NSC, Post Office Monthly Income Scheme, Post office Savings Account etc.

The annual investment limit of PPF was Rs. 70000 and now it is increased to Rs. 100000. Now an investor can deposit Rs. 100000 in PPF and can earn tax exemption under section 80C and tax free interest. The Full exemption limit of Rs. 100000 under section 80C now can avail solely with PPF account itself.

The interest rate of PPF is 8% at present and it is increasing to 8.6% which is equals to a gross interest (interest before tax) of 9.59%, 10.83% & 12.45% respectively for 10%, 20% & 30% tax brackets.

If a person invests 100000 in PPF every year and at the maturity after 15 years the investment will be grown up to Rs. 3190110.

The time span of Post office Monthly Income Scheme (MIS) and 6 years NSC is reduced to 5 years.

The interest rate of 5 year National Savings Certificate (NSC) is increasing to 8.4% from the present 8%. NSC is also a tax saving investment under section 80C but the interest on NSC is taxable even if there is no TDS deductible at source.

One of the popular small saving investment scheme named Kissan Vikas Patra is discontinued.

A brand new National Saving Certificate for 10 years is introduced.

All the above mentioned modifications are beneficial to investors

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Friday, 11 November 2011

Job Vacancy of 1122 Constables in CRPF Eastern Region

CRPF (Central Reserve Police Force), Eastern Region announced recruitment of constables (Technical/ Tradesman). There are around 1122 vacancies. This recruitment is for both male and female constables and applications are invited in prescribed format from Indian citizen (both male and female candidates) those who are a resident of Bihar, Jharkhand, Uttar Pradesh, Uttarakhand, Orissa, Madhya Pradesh , Chhatisgarh and West Bengal.

Name of the Post   : Constable (Technical / Tradesmen)

No. of Vacancies    : 1122

Minimum Age         : 18 years as on 01st August, 2011

Maximum Age        : 23 years as on 01st August, 2011

Scale of Pay             : 5200-20200 in Pay Band -1 with a Grade pay of Rs. 2000. Plus usual allowances admissible to Central Government Employees.

Application Form  : Application form is enclosed with the end of the advertisement of the post in Appendix A.

Application Fee     : There is an application fee of Rs. 50 should be attached with the application by crossed Indian Postal Order or Crossed Demand Draft or Bankers Cheque in favor of concerned DIG, Group Center, CRPF. There is no application fee for SC/ST/Ex-Servicemen Candidates.

How to apply         : Those who are interested to apply for the post should send the typed or neatly handwritten application in the format prescribed in Appendix A with 2 self addressed stamped (stamp for Rs. 22) envelopes (4” x 9”) to the DIG, Group Centre, CRPF of concerned applications receiving Centers on or before 15th November, 2011 with super scribed on the envelop “APPLICATION FOR THE POST OF CONSTABLE (TECHNICAL  / TRADESMEN) – 2011

We strongly recommend that read the full advertisement before sending application. For more details such as Application form, Dates of recruitment etc. please read the Advertisement

Recruitment of Constables (Technical / Tradesmen) (Male/ Female) IN C.R.P.F

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Wednesday, 9 November 2011

557 Officers Job Vacancies in Central Bank of India

Central Bank of India, a leading Public Sector Bank, invites online applications for Recruitment of Specialist Category Officers in the various Scales-2011-12 for appointment of Law Officers, Security Officers, Rajbhasha Adhikari, Agriculture Finance Officers & I T Officers in Specialist Category Officers in various Scales.

This is to fill 557 vacancies of Specialist Officers. Name of posts and other details are given below:

1.I.T Officer (Scale –I)

No of Vacancies                        -      70

Minimum Age                            -      21 years

Maximum Age                           -      30 years

Educational Qualification  -      B.E./B.Tech or M.Sc.(or Equivalent) Degree in Computer Science or Communication or Electronics with Computer Science as one of the subjects or MCS or MCA.

2.Agriculture Finance Officer (Scale I)

No of Vacancies                       -      400

Minimum Age                           -      21 years

Maximum Age                          -      30 years

Educational Qualification -      A Degree in Agriculture/ Horticulture/Animal Husbandry/ Veterinary Science/ Dairy Science/ Agri. Engineering/ Fishery Science/ Pisciculture / Agri Marketing& Cooperation from recognized university.

3.Rajbhasha Adhikari (Scale I)

No of Vacancies                         -      20

Minimum Age                             -      21 years

Maximum Age                            -      30 years

Educational Qualification   -      A minimum 2nd class post Graduate Degree in Hindi with English as a subject in degree level OR a post graduate degree in Sanskrit with English and Hindi as a subject in degree level.

Experience                                 -      2 years experience of translation in a full time post in any organization.

4.Law Officer (Scale II)

No of Vacancies                      -      34

Minimum Age                          -      21 years

Maximum Age                         -      35 years

Educational Qualification-      A Bachelor Degree in Law (LLB) with not less than 50% Marks. Additional
qualification of Post Graduate Degree in Law (LLM). CAIIB/MBA may be considered in preference to other candidates.

Experience                              -      5 years Experience of practice at Bar or Judicial service and/or Law Officer in the Legal Dept. of a reputed Bank or the Central/State Government or of a Public Sector Undertaking with practice at Bar for a minimum period of three years.

5.Security Officer (Scale II)

No of Vacancies                          -      33

Minimum Age                              -      21 years

Maximum Age                             -      35 years

Qualification & Experience   -    An officer with 5 years commissioned service in the Army/Navy/Air Force or a Police Officer not below a rank of Asstt. S.P./Deputy S.P. with 5 years service OR Officers of comparable rank in
para military forces with 5 years service.

Pay Scale: Pay Scale for the above mentioned posts are as follows:-

Scale I Rs. 14500-600/7-18700-700/2-20100-800/7-25700

Scale II Rs. 19400-700/1-20100-800/10-28100.

Online Application: Those who are interested to apply for the post should apply online through the website of Central Bank of India with a fee of Rs. 500/- (Rs.50 Only for SC, ST& PWD Candidates). The last date of submission of Application is 25th November, 2011.

Selection Procedure: Selection will be on the basis of Written Test and/or Group Discussions, Interview depending on the number of applications received for each post.

Those who are interested to apply for any of the abovementioned job vacancy, we strongly recommend to refer the advertisement click here to read the advt.

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Expected D.A (Dearness Allowance) next installment

Expected D.A is being declared with effect from 01st January & 01st July every year. It is interesting to know the next installment of Dear allowance. Price hike in petrol and other essential commodities compelled us to seek what would be the next installment of D.A. Most financial sites are posting articles about Dearness allowance and related matters. A 5% hike of Dearness Allowance gives an average hike of Rs. 1000 in monthly salary and this is more than the annual increment of a large portion of Government Employees.

Now a days the D.A hike is more than 5% every time. In this scenario each government employee must seek how to calculate D.A. Here we explain how to calculate the every time and it is helpful to know the next Dearness Allowance.

The Dearness Allowance is calculated on the basis of All India Consumer Price Index Number (AICPIN) for Industrial Workers. The sixth pay commission was introduced with effect from 01st January, 2006. The AICPIN for Industrial Workers for December, 2005 (based on 2001=100) was 118.7905. This was converted from the AICPIN on December, 2005 (based on 1982=100) which was 550 points.  (550/4.63 = 118.7905)

Now the New D.A is calculating every time by the percentage of the difference of Average AICPIN for Industrial Workers for the last 12 months divided by 115.77 (115.77 is the average AICPIN for the last 12 months based on 2001=100). And the merged D.A on 01.01.2006 was 100. (115.77/115.77 x 100).

So every time the D.A is calculated by deducting 100 (D.A of 01.01.2006) from the percentage of Average AICPIN (IW) for the last 12 months divided by 115.77.

The DA Calculation for the last few months are shown below










D.A of



for  last





12 Months









Divided by

D.A for






















































































DA Calculation is simple as deducting 100 from the percentage of Average AICPIN (IW) for the last 12 months divided by 115.77.

With the above mentioned formula a government employee can calculate the Dearness Allowance every time. Only thing is that they should know the AICPIN for every month which will be published on the last working day of the next month. We, Investment Money also will try to update the above-mentioned chart every time the AICPIN (IW) is published.

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Monday, 7 November 2011

Government Jobs in Employment News 05 Nov 2011

A lot of Government job vacancies are shown in the Employment News (05 NOVEMBER 2011 -11 NOVEMBER 2011). The highlights of these Government Job Vacancies are listed below for our readers and those who are looking for a good government job placements.Staff Selection Commission, KKR invites applications for various posts.

Central bank of India, Mumbai requires Law Officers, Security Officers, Rajbhasha Adhikari, Agriculture Finance Officers and IT Officers.

North Frontier Railway, Maligaon invites applications for engagement of Act Apprentices.

Nuclear Power Corporation of India Limited, Tarapur requires Paramedical Staff.

Sardar Vallabhbhai Patel University of Agriculture and Technology, Meerut invites applications for Teaching and Non-Teaching posts.

Indian Institute of Natural Resins and Gums, Namkum, Ranchi invites applications for various posts.

Bharat Heavy Electricals Limited, Bhopal requires Pharmacy Assistants, Hospital Lab Technician Assistants, OT Technician Assistants, X-Ray Technician Assistants and Nursing Assistants.

Intelligence Bureau requires Security Assistants (Executive).

Indian Institute of Mass Communication, New Delhi requires DTP Operator, Plate Maker, Multi Tasking Staff and Assistant Technical Officer (Radio).

Konkan Railway Corporation Limited, Navi Mumbai requires Dy. Chief Engineers, Assistant Engineers, Section Engineers and Officer Assistant-cum- Personal Secretary.

National Agri-Food Biotechnology Institute, Mohali invites applications for various posts.

Indian Institute of Technology, Ropar requires Assistant Registrar, Assistant Librarian, Junior Accountants, and Junior Assistants etc.

The Government Job highlights of Employment News (05 NOVEMBER 2011 -11 NOVEMBER 2011) shown above. If you are interested for any of these vacancies, please refer the current edition of Employment News Weekly for more details including salary scale, educational qualifications, application form etc.

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Sunday, 6 November 2011

Investment options – Think out of the box to gain more

Investment can be defined as the purchasing of a financial vehicle through which you aim to make profits. It is good to invest. However the investment decisions must be taken intelligently. There are various kinds of risks involved in investment which can even get you into debt. However, when you start gaining profits on your investment you can use the money to get out of debt also. Thus the main work is to manage your risks properly so that you can maximize your returns. When you start investing, it is necessary that you create a proper investment portfolio. You should include at least two or three kinds of investment but not more than four in your portfolio.

This has quite a significant impact. You should remember that most investments are done in some kind of a market. Markets go through a cycle of ups and downs. You gain profit when the market is up; you suffer losses when the market is down. However, you should remember that every market does not have ups and downs at the same time. Hence if you invest in multiple markets, you are reducing your risks and evening out your prospects a great deal. But this does not mean you invest in as many things as your heart desires. Too many investments in your portfolio can be quite difficult to handle and you can end up blundering. It is best that you consult an investment expert before taking any decision and creating an investment portfolio. Read on to know about some out of the box investment that you can include in your portfolio along with the common ones such as stocks, bonds, mutual funds and forex.

1. 401k plans – The most popular and easiest investment is a 401K plan. The main reason for this is because majority of the jobs offer this kind of a savings program where the money you are investing is deducted automatically from your gross income without you even realizing it.

2. Life insurance – Another type of popular investment option is investing in life insurance policies. This is a method to ensure that your family is not left income less in the event of your death. Life insurance policies give your family a monetary compensation for your death so that they can lead their everyday life comfortably. When you invest in life insurance the money that you have to pay every month towards the coverage provides for valuable tax deduction.

3. Annuities – Annuities is the right choice for you if you are interested in deferred income taxes. This is basically an agreement between you and your insurer in which they work to produce income for you and protect your potential revenue.

4. Money market funds – If you want to have a short-term investment then you can venture into Money Market Firm. This kind of investment allows you to earn interest as an independent share holder.

5. Brokered certificates of deposit – These are also known as CD and are the kind of investment in which you deposit a certain amount of money for a fixed amount of time. With this, you can get money out at anytime without having to pay any fine.

6. Real estate – This is a quite difficult form of investment but can gain you immense amount of money if you do it correctly. This not only includes your land but also anything that is attached to your property on a permanent basis such as your home, rental properties, your company or even empty pieces of land.

Thus you can see how the above kinds of investment can enhance and enrich your investment portfolio.

Author Bio:

This is a guest post by Justine Anderson who is a financial writer for various finance related Communities.

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Saturday, 5 November 2011

Quantum Equity Fund of Funds, a good Mutual Fund

Quantum Equity Fund of Funds is an equity based Fund of Funds (FoFs) from Quantum Mutual Fund. The Quantum FoFs offers an attractive investment option. The fund invests in diversified equity mutual funds of other fund houses.  This is a good investment option to get benefits of a few good equity based mutual funds from other mutual fund houses. The Fund launched on 26th June, 2009 and the NFO was closed on 13th July, 2009, reopened for continuous subscription on 22nd July, 2009.

Investment Objective of Quantum Equity FoFs: The investment objective of the scheme is to generate long-term capital appreciation The scheme will invest in a portfolio of open-ended diversified equity schemes of mutual funds registered with SEBI. The Fund of Funds is an open ended fund.

Investment Strategy: The fund aims to invest only in diversified equity mutual fund schemes of third party fund houses and wish to get benefit from a long term investment. The fund will not invest any sector funds, index funds, ELSS or balanced funds. The Fund of Funds will not invest in any other funds of the Quantum Mutual fund. The fund will invest only in mutual funds with a track record is more than 3 years.

Options of the Fund of Funds: The Quantum Equity Fund of Funds is available in growth option and dividend option and the dividend option is also classified into dividend payout option and dividend reinvestment option.

Minimum and Maximum investment: The minimum investment in the Fund of Funds is Rs. 5000 and the multiples of Re. 1 thereafter. The additional investment is Rs. 1000 and the multiples of Re. 1 thereafter. The minimum investment in the form of Systematic Investment Plan (SIP) is Rs. 1000 for a minimum 6 installments.

Entry load and Exit load: There is no entry load for Quantum Equity Fund of Funds. But if you redeem the fund before one year of the investment, 1.5% will be the exit load. 

Asset Allocation: The Fund of Fund invests 90 – 100% of the amount in Various Equity Schemes and 0-10% of amount in Money Market Instruments.

Expense ratio of the mutual fund: The Fund house claimed that the expense ratio is only 0.75% per annum, which is very low when compared to some other mutual funds. 

How to invest in Quantum Equity Fund of Funds:

You can invest in Quantum equity fund of funds online without any paperwork through the website of Quantum mutual fund.  You can invest offline also by filling the application forms which can be downloaded from the website of Quantum mutual fund and submit to any collection centers with crossed cheque or demand draft. You can invest in Quantum mutual funds through branches of selected banks. The list of banks is available in the website of Quantum mutual fund. 
Conclusion: Quantum Equity Fund of Funds is an equity oriented fund of funds and an investor should not run after many equity mutual funds. The fund gives the benefits of other equity funds by investing in other selected good performing equity funds of other fund houses

Note: Please read the Scheme Information Document and Statement of Additional Information carefully before investing.

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Friday, 4 November 2011

Free Google Webhosting for Small business

Free Google web-hosting is providing to small and medium business by GOOGLE INDIA, the Indian version of the internet giant, to bring the small businesses online. This is for improving small and medium businesses in India by create a website their own with a slogan that ‘India Get Your Business Online’.

This scheme is for registered businesses in India with a free domain name, free website hosting and all necessary free tools and support to create a website and all this is completely free for one year.

This website hosting project partners  are Federation of Micro, small and Medium Enterprises (FISME), (One of the leading and reliable webhosting company in United States and India) and ICICI Bank. They are working with Google to make this project a reality. In the words of one of the Officials of Google, “It is not just an attempt to get Indian businesses online but also to stimulate business for them. We started this program a year earlier in other countries.”

Features of Google Free Web hosting project

  • Free, easy-to-build, professional website

  • Free .in domain name and hosting for one year

  • Free email addresses

  • Free 365 days support

As per the words of another official of Google India, India has the third position in the world for using internet and about 100 million Indians are coming online, United States has the first position and China is in the second position. But there is only 4, 00,000 out of 80,00,0000 businesses has online presence and only 1, 00,000 has quality websites.

The Rural development minister, Jairam Ramesh said in the launching function this project would give preference to the businesses which assist the government in procurement of goods and services. This benefit can avail around 3,00,000 small businesses in India.

Google’s free webhosting service includes free .in domain, website hosting, Technical support through chatting, telephone and email, Google email accounts and other supporting tools with free website templates which help you to create a quality website in no time.

This is a good chance for small and medium businesses in India those who have no any online presence or website. At present a website can improve business a lot. All are interested to read and study online about products and services. At this scenario the free webhosting offer from Google India is a very good chance for all small and medium business firms, even if it is free only for one year.

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Extra income or passive income helps you to support your financial needs

Thursday, 3 November 2011

Child Care Leave (CCL), One Condition is removed

Regarding child care leave, the conditions of sanctioning child care leave is reviewed and a certain change is found necessary while granting child care leave (CCL).

One of the conditions to grant child care leave was that, the child care leave may not be granted if there is any earned leave at the credit of the person who applies for child care leave. This condition is deleted and now onwards a person can avail child care leave even if she has the credit balance of earned leave.

All other conditions such as,

(1)  CCL may not be granted more than 3 spells in a calendar year,

(2)  CCL may not be granted for less than 15 days in a spell


(3)  CCL in probation period: CCL should not ordinarily be granted during the probation period except in case of certain extreme situations where the leave sanctioning authority is fully satisfied about the need of Child Care Leave to the probationer. And such leave also should be for minimum period only,

Are remaining unchanged.

Child care leave may be granted to the mother of disabled children up to the age of 22 years of the disabled children with minimum 40% disability and the child should be dependent of the employee, but all other conditions should be satisfied.

Read more about Child Care Leave




Wednesday, 2 November 2011

Mutual Fund, How to Choose profitable one to invest

When you wish to invest in mutual funds you must learn how to select a mutual fund or select a portfolio of mutual funds.  You can see a lot of mutual funds in the financial market and most of them are attractive at first sight. All mutual funds are coming with the statutory warning that the past performance may or may not be reflect in future. When you invest in mutual fund you wish to get a good return from it. The return may be a regular dividend or growth of the investment. But if you are not giving much attention you will get only an adverse result from mutual funds.

Do your homework well and in time.

If you wish to invest in mutual fund for a good return, you must spend a few hours and do some home work to collect all available details from two or three good financial websites about the mutual funds you wish to invest in and analyze the mutual fund with the details. 

Fix your financial goals with the mutual fund 

First you must fix the financial goal you have to satisfy with the return of the mutual fund, you wish to invest. Your financial goals may be a long term financial goal or short term financial goal or for a regular income. Before selecting a mutual fund you must find out the financial goal you have to satisfy with this mutual fund. 

Objective of the mutual fund 

This is the most important matter you have to check about a mutual fund. The objective of the fund may be a long term capital growth or a short one. It may be a close ended income scheme or an open ended equity scheme. You should check that the objective of the mutual fund you wish to invest is matching with your financial goals.

Investment strategy of the mutual fund 

You have to check where the pooled money collected from investors, invested in. Whether it is with short term financial market, government securities, bonds, any other mutual funds, gold or any commodities, equities, long term income schemes etc. Check whether your risk bearing capacity and financial goals are matching with the investment strategy of the mutual fund. Type of Mutual Funds to satisfy investors needs 

Check the ratings of the mutual fund. 

 The rating agencies such as CRISIL, Morningstar etc. rates the mutual fund according to its performance. The high rating mutual fund performs well. Even if the past performance may or may not be reflected in the future, this rating has its own value to evaluate the performance of a mutual fund. So check the ratings of mutual fund before selecting a mutual fund. Advantages and Performance of Mutual Funds

Mutual Fund house

Those who issue a mutual fund, normally in the name of a bank or any such financial institutions, say SBI Mutual Fund, HDFC Mutual Fund etc. is known as Fund house or Mutual Fund House. The Performance of the Fund house also important while selecting a mutual fund. But you must correlate all other factors which mentioned in this article. List of Various Mutual Fund Houses

Check who is managing the Fund

The pooled money of investors managed by a Mutual Fund Manager and his team, appointed by the Mutual Fund House. The Fund Manager skillfully run the team and decides where to invest, how to invest, when to invest and all other related dealings of the fund. If the fund manager is an expert person, the fund will win its objectives. So you must know the fund manager and his or her past performance.

Check the benchmark of the Mutual Fund

Benchmark means a standard against the performance of a mutual fund. There may be any index fund which is benchmarked for a mutual fund and the performance of the mutual fund will not be more than the performance of the benchmark index fund. So you have to check the performance of the benchmark also. Only very rare cases the mutual fund is performed well than its benchmark. If the correlation of the performance of mutual fund and bench marked fund is positive the fund is performed well than the bench marked fund, and vice versa, if it is negatively correlated.

Mutual Fund analysis

You can check the performance with some analytical methods also.

Expense ratio of the mutual fund: The ratio of all annual expenses with average value of assets of the mutual fund. Expense ratio affects the NAV (Net Asset Value of Mutual fund). If there are a number of mutual funds in the same category, choose the mutual fund with least expense ratio.

Entry Load and Exit Load: Some mutual fund has Exit load which reduces a certain percentage of money from the real value of the fund, when you redeem the mutual fund or Entry load which reduces a certain amount of money you paid while investing in mutual fund. The mutual fund with no exit load and entry load is better than others.

Standard deviation & Turnover ratio: Standard deviation shows the rate of volatility of a fund. Choose a fund with lover standard deviation which shows the lesser volatility. In case of turnover ratio choose a fund with lower turnover ratio.

Collect all the above details regarding a set of mutual funds and choose a better one with the help of all the details. 

Mutual fund, How to Choose profitable one to invest